German GDP, the fourth quarter of 2024

According to preliminary data released by the German Bureau of Statistics, the German economy has narrowed 0.2 % of the quarter of the three months as of December.

The price of the number, calendar and seasonal changes have been adjusted.

Analysts voting by Reuters have always hoped that GDP (GDP) will decrease by 0.1 %.

Destatis said that the consumption expenditure of family and government has increased, but the export “is significantly lower than the previous quarter.

It added: “After one year of economic and structural challenges, the German economy ended in a negative field in 2024.”

Carsten Brzeski, the person in charge of macro macro, said that “the possibility of this downturn is likely to lead to winter recession.”

He said in a report on Thursday that the German issue seems to be concentrated in the country's industry, but this may change.

“Given the importance of industry to the entire economy, whether through emotional or real economic channels, the overflow of other departments has occurred.”

BRZESKI pointed out that due to the continued existence of inventory and order books, and tariffs on US weaving exports, the vital industry has not set “substantial recovery”.

The data on Thursday was 0.1 % in the country's GDP in the third quarter of last year. Germany's economic performance has been slow for a long time. In the past two years, most of the GDP reading every quarter has wandered on the plane line. However, the economy managed to avoid technological recession.

Every year, the German economy signed in 2023 and 2024, respectively, with 0.3 % and 0.2 %, respectively.

It is expected to breathe in 2025, and the German government revealed that its prediction of 0.3 % of the year on Wednesday-compared with the previous estimation of 1.1 %, it is still a decline.

Economic and Climate Minister Robert Habeck said at a press conference on Wednesday: “Diagnosis is serious.”

He added that the German economy had stalled for a long time. He pointed out that internal and global politics uncertainty is a factor that leads to decreased expectations, and adds that with the end of the term of office, the upcoming government cannot fully implement its growth plan.

The German federal election is scheduled to be held on February 23. The election has destroyed the initial plan of the country's rule alliance by the end of last year.

Habeck also said that there was structural problems in the German economy, and last week's Financial Minister Jörgkukies published a comment.

Kukies told CNBC: “The weakness of our economic structure must definitely be resolved.” “It is important to embark on the road of economic growth.”